Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $34,624

• 1e · Government grants (contributions)

  $14,734,544

• 1f · All other contributions, gifts and grants

  $234,670

• 1g · Noncash contributions included above

  $3,950

• 2a · Program service revenue: PLACEMENT FEES

  total $12,743,063 · related or exempt $12,743,063

• 3 · Investment income

  total $440,109 · excluded $440,109

• 8a · Fundraising events: gross income

  $7,600

• 8a · Fundraising events: contributions included on line 1c

  $34,624

• 8b · Fundraising events: direct expenses

  $20,405

• 8c · Net income from fundraising events

  total -$12,805 · excluded -$12,805

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $3,225 · excluded $3,225

• 11e · Other revenue, total

  $3,225

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $872,032 · program services $477,500 · management and general $394,532

• 7 · Other salaries and wages

  total $11,104,315 · program services $9,477,234 · management and general $1,510,875 · fundraising $116,206

• 8 · Pension plan contributions

  total $178,015 · program services $160,709 · management and general $15,193 · fundraising $2,113

• 9 · Other employee benefits

  total $1,692,533 · program services $1,420,189 · management and general $255,198 · fundraising $17,146

• 10 · Payroll taxes

  total $954,261 · program services $794,980 · management and general $149,945 · fundraising $9,336

• 11c · Fees: accounting

  total $35,700 · management and general $35,700

• 11g · Fees: other

  total $34,788 · management and general $34,788

• 12 · Advertising and promotion

  total $52,256 · program services $47,101 · management and general $535 · fundraising $4,620

• 13 · Office expenses

  total $131,743 · program services $106,262 · management and general $24,615 · fundraising $866

• 14 · Information technology

  total $454,778 · management and general $454,778

• 16 · Occupancy

  total $1,800,545 · program services $1,452,294 · management and general $336,416 · fundraising $11,835

• 17 · Travel

  total $535,318 · program services $518,842 · management and general $16,101 · fundraising $375

• 22 · Depreciation, depletion and amortization

  total $16,577 · program services $6,896 · management and general $9,681

• 23 · Insurance

  total $229,273 · program services $114,180 · management and general $115,093

• 24a · Other expenses: PARENT BOARD/CARE FEES

  total $6,707,860 · program services $6,707,860

• 24b · Other expenses: OTHER PARENT/CHILD COST

  total $1,074,662 · program services $1,072,894 · fundraising $1,768

• 24c · Other expenses: STAFF RELATED COSTS

  total $530,123 · program services $416,374 · management and general $113,332 · fundraising $417

• 24d · Other expenses: RECRUITMENT

  total $205,531 · program services $203,221 · management and general $2,310 · fundraising $0

• 24e · All other expenses

  total $770,903 · program services $647,148 · management and general $123,240 · fundraising $515

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,638 · end of year $69,539

• 2 · Savings and temporary cash investments

  beginning of year $7,860,808 · end of year $8,739,323

• 3 · Pledges and grants receivable

  beginning of year $3,202,724 · end of year $3,893,113

• 4 · Accounts receivable

  beginning of year $1,634,045 · end of year $1,356,690

• 9 · Prepaid expenses and deferred charges

  beginning of year $472,975 · end of year $566,566

• 10a · Land, buildings and equipment: cost or other basis

  $216,462

• 10b · Land, buildings and equipment: accumulated depreciation

  $129,601

• 10c · Land, buildings and equipment, net

  beginning of year $90,364 · end of year $86,861

• 15 · Other assets

  beginning of year $18,898,503 · end of year $19,986,129

• 17 · Accounts payable and accrued expenses

  beginning of year $5,722,928 · end of year $6,880,281

• 19 · Deferred revenue

  beginning of year $709,614 · end of year $52,280

• 21 · Escrow or custodial account liability

  beginning of year $20,624 · end of year $50,408

• 25 · Other liabilities

  beginning of year $18,268,151 · end of year $19,401,158

• 27 · Net assets without donor restrictions

  beginning of year $7,423,740 · end of year $8,283,094

• 28 · Net assets with donor restrictions

  beginning of year $31,000 · end of year $31,000

The filer's explanations (Part III)

PART I, LINE 4B

DURING THE 2023 CALENDAR YEAR, MARTHA DUARTE WAS THE ONLY PARTICIPANT IN A SUPPLEMENTAL 457(F) NON-QUALIFIED RETIREMENT PLAN SPONSORED BY THE ORGANIZATION. THERE WERE NO EMPLOYER CONTRIBUTIONS TO THE PLAN DURING THE 2023 CALENDAR YEAR, NOR WERE ANY AMOUNTS REQUIRED TO BE REPORTED AS TAXABLE COMPENSATION FOR THE EMPLOYEE DUE TO VESTING OF THE PLAN. ADDITIONALLY, CRAIG BARTON AND MARTHA DUARTE PARTICIPATE IN A DEFERRED COMPENSATION ARRANGEMENT LIMITED TO CERTAIN EXECUTIVES, WHICH PROVIDES FOR A PAYOUT OF WEEKS OF LEAVE WHEN THE EMPLOYEE SEPARATES FROM THE ORGANIZATION. DURING THE 2023 CALENDAR YEAR, THE ORGANIZATION ACCRUED THE FOLLOWING AMOUNTS AS IT PERTAINS TO THIS OFFERED BENEFIT, WHICH HAS BEEN REFLECTED AS "DEFERRED COMPENSATION" ON SCHEDULE J, PART II, COLUMN (C): MARTHA DUARTE - $46,252 CRAIG BARTON - $57,296